Strong profits now, but Air NZ sees headwinds rising

Greg Foran (middle) takes part in the CEO panel at the IATA AGM in Istanbul. (Image: BusinessDesk)

Wed, 07 Jun 2023

Air New Zealand is “adjusting the narrative” of its post-covid recovery, says chief executive Greg Foran, who believes the current period of strong profitability will give way to a period of intensifying cost pressures.The airline’s approach since the onset of covid had been in three phases: first, to survive covid, second, to revive, and third to thrive, said Foran in an interview with BusinessDesk at the International Air Transport Association (IATA) annual meeting in Istanbul.IATA issued new analysis at the meeting showing...

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